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Consumer Confidence is an Important Indicator.

May 27th, 2008 Posted in General

‘Do Take It Personal’ is not about slamming law enforcement officers. We often write and expose more than simply law enforcement issues in our communities.

Today’s topic on Consumer Confidence is yet another example that we are taking matters personally - including economic matters.

Link to Reuters article

In order for Consumer Confidence to hit a 16-year low in the month of May 2008, it would take a newborn baby to become a High School Junior in 11th Grade. That means our country’s economic health has reached a point where it is quickly deteriorating right before our eyes, without much being done urgently.

Yes, there were the tax rebate checks supposedly helping stimulate the economy. However, the timing was somehow in tune with the drastic rise in gas and food prices. Needless to say - the small token from Uncle Sam didn’t go far at all and went straight to necessities.

One Response to “Consumer Confidence is an Important Indicator.”

  1. Do Take It Personal » Blog Archive » Just Exactly how Bad is Inflation for you? Says:

    [...] more of the same hardships in their respective neighborhoods. Our posting yesterday regarding poor Consumer Confidence echoed such universal [...]


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